Tether Reports $700M in Profits Despite 'Tumultuous End to 2022': CTO

Despite processing $21 billion in redemptions, stablecoin issuer Tether reported that it still generated $700 million in profits last quarter.

Tether Reports $700M in Profits Despite 'Tumultuous End to 2022': CTO
Despite processing $21 billion in redemptions, stablecoin issuer Tether reported that it still generated $700 million in profits last quarter.